As the Exclusive Agent for the seller, SVN Denver is proud to present this long-term single-tenant investment opportunity. The subject property is located in the popular Broadmoor Towne Center with 9 years +/- remaining on the lease with Big R, which operates 39 successful locations across CO, NM, KS, OK, and TX. Big R's initial rent/sf is below market, currently at $11/sf. National tenants adjacent to the property include Home Depot, Ross, PetSmart, Michael’s, Red Robin, Chipotle, Ulta, and Old Navy.
The subject Big R is located in the popular Broadmoor Town Center at the SWC of Nevada Ave (aka CO Hwy 115) & Lake Ave, averaging over 60,000 vehicles per day, just east of I25 in Southeast Colorado Springs. The Broadmoor Towne Center is the premier shopping destination near the legendary 5-star/5-diamond Broadmoor resort.